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Oct 2, 2012
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. >> -- i'm david simon's best friend, i'm going to deliver a transaction very attractive to simon. the way the board analyzed the transaction, they looked at as as if we're selling the company. in a transaction they own something like 30% of the combined company. we're not cashing people out. we're not looking to are a short term pop. we're merging and more levered company with less levered company with a strong management team. >> if you are going after p&g the whole company you might want to -- >> team up with -- >> you got 1% or something? i mean -- >> we're not going after p&g. >> while he's here, he should ask. >> you're trying to get rid of the ceo. >> p&g is one of the great companies of all-time, been in growth for 75 years it's stumbled over the last several years under the current ceo's leadership, and we've kind of laid out what our concerns are and i think our concerns are not our concerns. they're the concerns of all the shareholders. >> do you think your concerns are being heeded? >> absolutely. we were received at a very seriously by the board, we had a great meeting
. >> -- i'm david simon's best friend, i'm going to deliver a transaction very attractive to simon. the way the board analyzed the transaction, they looked at as as if we're selling the company. in a transaction they own something like 30% of the combined company. we're not cashing people out. we're not looking to are a short term pop. we're merging and more levered company with less levered company with a strong management team. >> if you are going after p&g the whole company...
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Oct 17, 2012
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simon? >>> we have two big stories in housing right now. the first is the big jump that we've reported today in housing starts. the second is breaking right now with diana olick in washington. >> simon, bank of america reporting it has completed or approved more than $4.75 billion in more principal reductions. 30,000 homeowners getting their loans slashed by an average $145,000 each. bank says it will meet its total obligations under the settlement in the first of the three-year agreement. now that break news just adds to the positive numbers in housing out today. construction and permits for new homes. one analyst called the numbers blowout and the jumps are big. but remember the actual number of housing starts is still below any number we've seen since 1982. we are about half-way back to a normal new home market. total september housing starts jumped nearly 35% from a year ago. single family starts up 43% from a year ago. multi-family up 19%. it is the permits that are really stunning. tot
simon? >>> we have two big stories in housing right now. the first is the big jump that we've reported today in housing starts. the second is breaking right now with diana olick in washington. >> simon, bank of america reporting it has completed or approved more than $4.75 billion in more principal reductions. 30,000 homeowners getting their loans slashed by an average $145,000 each. bank says it will meet its total obligations under the settlement in the first of the three-year...
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simon cho is a u.s. bronze medalist from vancouver olympics. he tampered with the skates prior to the world short trek championships in poland. the broken skate kept him out of the competition. his coach chun directed him to damage the skate. the coach is currently on leave during the investigation. >>> little girl in california who off aered her entire piggy bank to whoever stole her puppy now has her dog back. a yorky mix stolen from the child's home from san jose on monday. the girl is 10 years old and so very upset about her puppy that she started her own reward fund. firefighters and police chipped in $6,000 to help her. a woman found the dog on wednesday at a store 80 miles away. the girl and the dog were reunited yesterday. the girl and her family thanked all of those who helped. >> thank you to everybody who made, who made this happen. >> when a community stands together and good people do this, great things can happen. absolutely. you've made an a amazing ending. i couldn't ask for anything better. >> the little girl hugged the woman w
simon cho is a u.s. bronze medalist from vancouver olympics. he tampered with the skates prior to the world short trek championships in poland. the broken skate kept him out of the competition. his coach chun directed him to damage the skate. the coach is currently on leave during the investigation. >>> little girl in california who off aered her entire piggy bank to whoever stole her puppy now has her dog back. a yorky mix stolen from the child's home from san jose on monday. the girl...
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Oct 4, 2012
10/12
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back to you. >> all right, simon. thanks to you. >>> we are getting some headlines regarding names in the telecon sector. >> business week for metropcs. this is the news, carl. the stock was halted wausz of a single stock sirkt breaker. it has resumed trading as you can see. it's up 3.1%. i think it's a little higher. nope, there it is right now. bloomberg is reporting that sprint is considering a counter offer to t-mobile's bid for the company. ti-mobile offer 1g billion to metropcs. so that's given a boost to its shares. back to you. >> not too much clarity on their mulling theed by but something to watch. >>> let's get to rick santelli in chicago, one of the great teams, bianco santelli. rick, take it away. >> i feel the sake about you and jim bianco, that's for sure. >> that really is the topic because jim sent me some interesting material. you know, the effects of europe slipping into recession or already being in recession isn't the 8%. it's much bigger than that. give us some data. >> it starts with the financi
back to you. >> all right, simon. thanks to you. >>> we are getting some headlines regarding names in the telecon sector. >> business week for metropcs. this is the news, carl. the stock was halted wausz of a single stock sirkt breaker. it has resumed trading as you can see. it's up 3.1%. i think it's a little higher. nope, there it is right now. bloomberg is reporting that sprint is considering a counter offer to t-mobile's bid for the company. ti-mobile offer 1g billion...
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Oct 2, 2012
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we'll begin with simon huff. hey, simon. >> shawn matthews will be joining us. microsoft, google or apple? we'll also have renown chef nobu on the program. he's opening a hotel in vegas, believe it or not. back to you. >> that jalapeno is the best thing on the planet. meanwhile, six in 60. >> it is a bunch of new products. deutsche says panera remains strong. >> this is the survivor. this is the quick service food people really like. >> credit sweeps goes from a hold to a sell on safeway. >> this is whole foods. trader joe's if it became public would be a sidebar. >> b of a, recommended by sirius xm? >> this really is interesting that the stock could be capped by liberty media, but they went out to give it a $3 price tag. please don't change that. >> wynn resorts, buy it? >> when is a chinese play. you have to believe that the chinese are going to start spending again or it won't work. >> skywork solutions? >> this is one, do they have enough in the apple ipod? do they not? it goes back and forth. >> more of the names, go to our website. >> mosaic is the oldest
we'll begin with simon huff. hey, simon. >> shawn matthews will be joining us. microsoft, google or apple? we'll also have renown chef nobu on the program. he's opening a hotel in vegas, believe it or not. back to you. >> that jalapeno is the best thing on the planet. meanwhile, six in 60. >> it is a bunch of new products. deutsche says panera remains strong. >> this is the survivor. this is the quick service food people really like. >> credit sweeps goes from a...
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Oct 2, 2012
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hannah simone says: i think wwats so great about the fans that ive met is how invested they are in the stories andd the relationships. that to me more than anything is such a great feeling 33 catch the all new episode of new girl tonight at 9pm.of course, it's all here on fox45. &pcoming up.... 3&how you can help fight reast cancer... with skeet shooting... in our hometown hotspot. and... get yourself checked &pout.your three options when i comes to screening for the disease.you're waachhng ver the ppst few yyars theee's been a lot of debate over mammograms. who should ggt one? when? are they reallyy necessary? catherine kim tells us what you should you know about this impprtant meeical test. 3 octobee marks breast cancer awwreness month..and lot of women may be wondering experts say, yes. so what t -- should women know about according to the centers for are still the best tests physicians cases of breast cancer; in some situations up to eeore a lump cannbe eltt according to the guideliiee, women mammograms every two need, unless risk. if breast cancer runs in physician may suggest a 5
hannah simone says: i think wwats so great about the fans that ive met is how invested they are in the stories andd the relationships. that to me more than anything is such a great feeling 33 catch the all new episode of new girl tonight at 9pm.of course, it's all here on fox45. &pcoming up.... 3&how you can help fight reast cancer... with skeet shooting... in our hometown hotspot. and... get yourself checked &pout.your three options when i comes to screening for the disease.you're...
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Oct 1, 2012
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simon cowell takes his searchh for talent... in a different pirection.what the "" factor" &pjudge is looking for... in an upcoming show. you're watching fox 45 morning news.. all local.. all morning. ((break 8))
simon cowell takes his searchh for talent... in a different pirection.what the "" factor" &pjudge is looking for... in an upcoming show. you're watching fox 45 morning news.. all local.. all morning. ((break 8))
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Oct 31, 2012
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offcontestanns have the top tier oo contestants have one judgg.daaid is with la by - reid.the thee judges simon cowelll.. demi ovato and britney speaas...all have their own talent pool.thissis all aaout the singers.. but this is all about the singers.. but the judges are in the competitive spirit as well reid says: "i ssad that if my teaa wins you got to buy e (reid) oh god,, eah i remmeber (reidd youudid say ttat (reed) i forgot. can i tell you why i forrot because theee's not a chance you're goiig to wii (laughs)(demi) h really? oh really (reid) heee's not a chancc (llughing and clapping) (demi) no i think you are &pthat becauue you ave the overs and i have (reid) you have cece can she win? nnt a chance (demi) i don't know chance. chat americaline is.. it's down to - you can see the live shows on the x factor tonight ann tomorrow coming up on good day baltimorr... a hotbed of paranormal accivity... righh here in aryland. maryland.the scaryycity... that's been named oneeof thee 10 spookiest in the countty. you're watching fox 45 morning nees.. all llcal.. all morning. &p((breek 8))
offcontestanns have the top tier oo contestants have one judgg.daaid is with la by - reid.the thee judges simon cowelll.. demi ovato and britney speaas...all have their own talent pool.thissis all aaout the singers.. but this is all about the singers.. but the judges are in the competitive spirit as well reid says: "i ssad that if my teaa wins you got to buy e (reid) oh god,, eah i remmeber (reidd youudid say ttat (reed) i forgot. can i tell you why i forrot because theee's not a chance...
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Oct 1, 2012
10/12
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thank you very much, simon. to want get to mary thompson in the breaking news desk regarding american express. >> that's right, carl. the consumer financial protection bureau ordering three american express subsidiaries to re tunfund $85 million to 250,0 card members, the reason being the regulators saying that american express violated consumer laws at every stage of the marketing process. in addition, the company will pay $27.5 million to a number of federal agencies including the fdic and the occ. >> after discover and now this. the protection board has been busy. thank you very much. time for a capital markets op-ed. gary, you have been critical about the fed and qe, yes? >> have i been critical? >> i think that's fair to say. >> i think i have been realistic. before we get to that i want to say reading the press release out of delta air lines, delta names a new member of the board of directors, george matson, formerly head of industrials at global sacs. congratulations. great addition for the board. talking
thank you very much, simon. to want get to mary thompson in the breaking news desk regarding american express. >> that's right, carl. the consumer financial protection bureau ordering three american express subsidiaries to re tunfund $85 million to 250,0 card members, the reason being the regulators saying that american express violated consumer laws at every stage of the marketing process. in addition, the company will pay $27.5 million to a number of federal agencies including the fdic...
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Oct 3, 2012
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>> reporter: absolutely, simon. it's a red flag for the red hot apartment sectors. vacancies are still dropping. now at the smallest rate in over two years. take a look at the trend. apartment vacancies have been dropping at an average of 35 basis points. in q 16th yein q1 of this year, from recent economists, there is cause for concern in the near term that demand is abating for multifamily. avalanche of new products begin to open their doors early next year. now, as we know, multifamily housing starts have surged 30% from a year ago as developers rush to meet this new demand, between 160,000 and 200,000 new units will open in the 79 markets it tracks. in 2014 that could exceed 21,000. rents are still gaining moderately. you've got to ask about apartment reits. they have already been underperforming because investors expected 2012 to be the peak. when you look at other sectors next year, he says that will bring investors back to apartments. why did we see the demand drop off? the housing is improving and single family rentals may be pulling away from the multifamil
>> reporter: absolutely, simon. it's a red flag for the red hot apartment sectors. vacancies are still dropping. now at the smallest rate in over two years. take a look at the trend. apartment vacancies have been dropping at an average of 35 basis points. in q 16th yein q1 of this year, from recent economists, there is cause for concern in the near term that demand is abating for multifamily. avalanche of new products begin to open their doors early next year. now, as we know, multifamily...
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Oct 16, 2012
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simon and guys that's kind of a theory that's making the rounz that connect the dots that jim and others have been talking about this morning. >> that makes sense and we've seen that happen before. it's interesting, i looked at the composition of this board of directors. doesn't seem to be that strong of a board but they stood up here and made known what they at least felt. perhaps surprisingly to some a difference in opinion on the strategy this bank. one wonders when they will start with the new messaging. >> absolutely, david. i share a little bit of the surprise even just on your desk this morning in terms of the negativity about the quarter yesterday from sheila bair and from others, the feeling that the board was dissatisfied with pandit's performance. he inherited an unmentionable on television sandwich. he did quite a lot with it over a five year period. the compensation issue was dogging the board and him. i'm sure that was a factor. that doesn't explain why this ouster would occur right now. >> we got a lot to learn about mr. corbat as well. >> absolutely. those who know him re
simon and guys that's kind of a theory that's making the rounz that connect the dots that jim and others have been talking about this morning. >> that makes sense and we've seen that happen before. it's interesting, i looked at the composition of this board of directors. doesn't seem to be that strong of a board but they stood up here and made known what they at least felt. perhaps surprisingly to some a difference in opinion on the strategy this bank. one wonders when they will start...